Bain to buy Japanese mobile retailer T-Gaia for more than $987 mln, Nikkei reports

Hikari Tsushin

30/09/2024 06:54

TOKYO, Sept 30 (Reuters) - Bain Capital has agreed to
acquire Japanese cell phone retailer T-Gaia  3738.T  for more
than 140 billion yen ($987 million), the Nikkei business daily
reported on Monday.
    Bain will soon launch an offer to take T-Gaia private, with
major shareholders Sumitomo Corp  8053.T  and Hikari Tsushin
 9435.T  set to sell their stakes in T-Gaia, Nikkei said.

    ($1 = 141.7900 yen) 

 (Reporting by Kantaro Komiya; Editing by Tom Hogue)
 ((Kantaro.Komiya@thomsonreuters.com; Twitter: @kantarokomiya;))